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Jan 29, 2013
01/13
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FOXNEWSW
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ceiling. but come back to your answer here, is that the motivation for harry reid not to produce a budget, he doesn't want to offend people? >> they d want to produce a budget because it makes you make choices. coming out of the 2010 election he was afraid and they were afraid of loosing their majority. they ae avoided every tough issue. we hardly did anything in the senate. when you have to budget you have to make decisions you can't speak in platte taoudz. that's why they've avoided doing a budget. think their time is up. they said they are going to produce a budget this year. that's important. look what we did this paul ryan's budget and how they beat it up. that's why they didn't want to produce one of their own. bill: it's my assumption that the senate produces a budget in april and it goes to the house and they say we are not moving on that. >> the normal process begins of negotiates where the two sides have to reconcile their differences in what they call a conference. this is the way t
ceiling. but come back to your answer here, is that the motivation for harry reid not to produce a budget, he doesn't want to offend people? >> they d want to produce a budget because it makes you make choices. coming out of the 2010 election he was afraid and they were afraid of loosing their majority. they ae avoided every tough issue. we hardly did anything in the senate. when you have to budget you have to make decisions you can't speak in platte taoudz. that's why they've avoided...
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Jan 24, 2013
01/13
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CNBC
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and will the senate pass a suspended debt ceiling bill as the house did today so there will be no default and no budget crackup. that's all coming up a little later on this hour. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> outgoing secretary of state hillary clinton was grilled on capitol hill by senate and house panels. the topic was benghazi attacks. if you missed it, this was definitely the most intense moment of the day, senator ron johnson of wisconsin asking mrs. clinton why the attack was not immediately called an act of terror. >> we're misled that there were supposedly protests and something sprang out of that, an assault sprang out of that. that was easily ascertained that was not the fact and the american people could have known that within days. >> with all due respect, the fact is we had four dead americans. was it because of a protest or because of guys out for walk one night and decided to kill americans. what difference does it make? it was our job to figure out what happened
and will the senate pass a suspended debt ceiling bill as the house did today so there will be no default and no budget crackup. that's all coming up a little later on this hour. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> outgoing secretary of state hillary clinton was grilled on capitol hill by senate and house panels. the topic was benghazi attacks. if you missed it, this was...
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Jan 28, 2013
01/13
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MSNBC
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the props for the market show that hopes for a debt ceiling will happen. germany and china are looking pretty good. you mention the corporate earnings. 68% of the companies are beating expectations. the questions you raise are very relevant. questions about whether the etf money is still coming into the market. durable goods and home sales and on wednesday we get the gdp figures which could keep the rally. >> we always keep tabs on the auto industry. pretty big news overnight from toyota? >> yes. they're number one globally between 2008 and 2010 in terms of vehicles sold. they got that crown back again this year in 2012 with 9.75 million vehicles sold. what's amazing about their retaking the number one position is they did it without china. they saw a 4.9% drop in china because of a territorial dispute between china and japan. they are looking for above average growth in 2013. very impressive status. >> steve, thank you very much. steve sedgwick, live in london. let us know why you're awake. give us an e-mail or tweet us@bshacklin. we'll read the best resp
the props for the market show that hopes for a debt ceiling will happen. germany and china are looking pretty good. you mention the corporate earnings. 68% of the companies are beating expectations. the questions you raise are very relevant. questions about whether the etf money is still coming into the market. durable goods and home sales and on wednesday we get the gdp figures which could keep the rally. >> we always keep tabs on the auto industry. pretty big news overnight from toyota?...
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Jan 24, 2013
01/13
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CSPAN
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the problem is that the debt ceiling has nothing to do with the full faith and credit of money that's already spent. and that we have plenty of time to talk about taxes and spending, if we talk about concurrent resolutions, if we were talking about sequestration. if what you're saying is that if there's a budget that i have to vote yes or no on, and one budget says that one way to close and reduce the deficit is to go after the people that are the poorest, the most sick and the oldest and call that entitlement cutbacks, and if i don't vote for that, then it means that the government is not going to pay me, i can go home very easily and tell them a bad budget is worse than no budget and once again, we are holding the spending cuts that a will the -- a lot of people want that should be negotiated hostage. perhaps we've not a three-month -- we've got a three-month reprieve. but the fact remains this is holding up the president and our country from getting on with what we should do, when the impact, fiscal impact of this on our country throughout the world is dangerous. the speaker pro te
the problem is that the debt ceiling has nothing to do with the full faith and credit of money that's already spent. and that we have plenty of time to talk about taxes and spending, if we talk about concurrent resolutions, if we were talking about sequestration. if what you're saying is that if there's a budget that i have to vote yes or no on, and one budget says that one way to close and reduce the deficit is to go after the people that are the poorest, the most sick and the oldest and call...
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Jan 31, 2013
01/13
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FOXNEWSW
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if we have no spending problem, senator, why do we need to extend the debt ceiling? why do we need more money? >> greta, the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history. yeast, we have the slowest recovery of any recovery in history. i spent last summer, going around my state, talking to small businesses, dozens of them. so it's very clear to me what's happening now. they were beginning to pull back because of the expected cost of obamacare, the dod-frank legislation, that was a federal takeover of our financial system is making it harder for businesses to get loans. you look at the expected tax increases, which businesses were trying to plan for, the uncertainty really goes back to the president's policies. it is not obstruction. i wish we had had more of it. the policies in place are hurting our economy. and even more than that, the uncertainty from the mounting debt on individual americans is -- is putting us in
if we have no spending problem, senator, why do we need to extend the debt ceiling? why do we need more money? >> greta, the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history. yeast, we have the slowest recovery of any recovery in history. i spent last summer, going around my state, talking to small businesses, dozens of them. so it's very...
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Jan 29, 2013
01/13
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MSNBC
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once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david ciciline and mayor greg stanton of phoenix. you should have seen the way it was spelled in my prompter. you should have seen it, alex. you can't. you know? they try to make things easier for me, and then i just mess it up. now with alex wagner coming up next. don't go anywhere. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why s
once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david...
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90
Jan 27, 2013
01/13
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WJLA
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eye 90
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over a certain time, so they p pass a budget, passed appropriaons,ttach the debt ceiling, send it to the set. i understandhat e senate willorrow the house historian to find out i is they pass a budget of there. [laughs] mj you have been reporting that the republicans don'tare how they g get it, but you also report that there are some republicans that tnk it is okay to go into that peod of sequestration, with the autotic spendi cuts that are across the board, that include defensnse and domestic spendnding. whatre you hearing about the appetite for government shutdown? -- >> as far asas sequestration we hear increasinglyy that lawmwmakers e signaling, well, you know what, we mights well let the sequester take placece because we n't know if the political dynamics will allow w us to come to some e sort of compmpromise withh democrcrats. it highlighthts the tension thatat is there betetween d democrats and repuicans and what thehey want. democrats wantt to raise revenue through h tax reform, republicans e oppoposed to that. in terms of defense spending cuts, they want to replace them th c
over a certain time, so they p pass a budget, passed appropriaons,ttach the debt ceiling, send it to the set. i understandhat e senate willorrow the house historian to find out i is they pass a budget of there. [laughs] mj you have been reporting that the republicans don'tare how they g get it, but you also report that there are some republicans that tnk it is okay to go into that peod of sequestration, with the autotic spendi cuts that are across the board, that include defensnse and domestic...
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Jan 31, 2013
01/13
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FBC
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melissa: so forget the debt ceiling for a moment. we're just one month away from march 1st. that is the budget sequestration deadline. if congress fails to agree on specifically where to cut $85 billion, we're looking at automatic across-the-board cuts. house republicans made it clear they're ready to let the sequester happen. joining me now for more on this is democratic congressman curt schrader. thanks so much for joining us. what's going to happen? that's what we're all wondering? feels like we're cruising toward this deadline. what is going to happen? >> well, i'm worried, melissa, to be very honest with you. you're right if we don't get our act together do something on tax reform and the social safety net americans count on. we'll have across-the-board cuts. why do it with congress. we could have a bunch of chimpanzees to do this. melissa: don't tempt me. you sort of stopped me dead in my trackses with that one. is something going behind the scenes that we don't know about? doesn't seem like we're not getting closer. at the debt ceiling with hemming and hawing but at l
melissa: so forget the debt ceiling for a moment. we're just one month away from march 1st. that is the budget sequestration deadline. if congress fails to agree on specifically where to cut $85 billion, we're looking at automatic across-the-board cuts. house republicans made it clear they're ready to let the sequester happen. joining me now for more on this is democratic congressman curt schrader. thanks so much for joining us. what's going to happen? that's what we're all wondering? feels...
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Jan 24, 2013
01/13
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CURRENT
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when you look at the difference of those three dates the debt ceiling involves a great amount of money interested. i don't think that's conspiracy toreconspiracytoreal. would they have a say in those matters? i think so. >> i would agree that they're kicking it over to the senate. as we've seen in the last budget debates that we've had the senate is really the only body that can do anything or get anything done. that's where the compromise will happen. we'll see--the house will come up with their paul ryan budget on steroids that they're planning right now and the senate will have to find compromise or common ground that the white house can agree to as well, and then we'll be back where we were at the end of 2011. i think the republicans definitely do--are taking a moment to regroup so they can fight that battle, and it will be a similar battle to the ones we've seen before. >> cenk: grace wyler, michael shure, we appreciate it. mark my words, they will shut the government down. they will do whatever they need to do. they will be as obstinate as humanly possible. they will sacrifice ev
when you look at the difference of those three dates the debt ceiling involves a great amount of money interested. i don't think that's conspiracy toreconspiracytoreal. would they have a say in those matters? i think so. >> i would agree that they're kicking it over to the senate. as we've seen in the last budget debates that we've had the senate is really the only body that can do anything or get anything done. that's where the compromise will happen. we'll see--the house will come up...
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Jan 31, 2013
01/13
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CSPAN2
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the debt ceiling increased the authority to borrow more money -- increase, the authority to borrow more money is all about future spending, which is part of the reason why some of us think this is a very sensible moment to try to bring some discipline to that future spending. and what would happen if we don't raise the debt ceiling right away? well, if we don't, we would have to have a 25% cut in all government spending, and that's -- that's pretty massive. that's pretty problematic. now, the administration and some actually go way overboard in the threats that they attach to this. they threaten to inflict the maximum possible economic damage if the debt ceiling isn't raised promptly upon the point at which they run out of their maneuvering room. so you hear threats about default on our debt and senior citizens won't get their social security check and our military folks won't get paid, all kinds of the most disruptive, most damaging and most dangerous kinds of outcomes are threatened by the administration. now, this is unnecessary, this isn't true, this isn't what would happen, but the
the debt ceiling increased the authority to borrow more money -- increase, the authority to borrow more money is all about future spending, which is part of the reason why some of us think this is a very sensible moment to try to bring some discipline to that future spending. and what would happen if we don't raise the debt ceiling right away? well, if we don't, we would have to have a 25% cut in all government spending, and that's -- that's pretty massive. that's pretty problematic. now, the...
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Feb 1, 2013
02/13
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WTTG
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the bill postponed the debt ceiling debate until the middle of may. it is call the no budget no pay bill that requires lawmakers to pass a budget or their paychecks will be withheld. the white house says president obama will immediately sign it. >>> president obama's choice to head the defense department was on the defense himself during harsh questioning from fellow senators. former nebraska senator chuck hagel was grilled yesterday by members ever the senate armed services committee. several times, hagels was put on the spot over his support for israel, his refusal to go along with sank00s on iran and his past positions on the iraq troop surge. one republican is supporting him but hagel will need a few more to overcome any gop filibuster to his nomination. >>> the country is remembering a national tragedy today. it was 10 years ago today the space shuttle include broke apart in the skies over texas as it re-entered the earth's atmosphere. all seven crew members died. there will be remembrance ceremonies today at kennedy space center and arlington na
the bill postponed the debt ceiling debate until the middle of may. it is call the no budget no pay bill that requires lawmakers to pass a budget or their paychecks will be withheld. the white house says president obama will immediately sign it. >>> president obama's choice to head the defense department was on the defense himself during harsh questioning from fellow senators. former nebraska senator chuck hagel was grilled yesterday by members ever the senate armed services committee....
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Feb 1, 2013
02/13
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KTVU
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. >>> president obama is expected to sign legislation to raise the nation's debt ceiling. they passed a bill that exends the ability to borrow new -- extends the ability to borrow new money. the measure suspends the $16.4 trillion debt limit and requires congress to pass is a budget by april. >>> judge in san francisco heard arguments on a motion to throw out the city of oakland's lawsuit. the feds want to sees the property because they say it is in violation of the controlled substances act. the city sued saying it would create a problem for people who need marijuana to treat their medical conditions. the judge did not indicate when she would rule on the motion. >>> this is not your grandfather's world, still ahead. >> get to know them better. >> some children take on police officers on the basketball court. but it wasn't all about hoops. the bigger message game. >>nd how much womber can the temperatures -- warmer can the temperatures get and will it last into your bay area weekend? i am back here in 10 minutes with all the details. hmm, it says here that cheerios helps l
. >>> president obama is expected to sign legislation to raise the nation's debt ceiling. they passed a bill that exends the ability to borrow new -- extends the ability to borrow new money. the measure suspends the $16.4 trillion debt limit and requires congress to pass is a budget by april. >>> judge in san francisco heard arguments on a motion to throw out the city of oakland's lawsuit. the feds want to sees the property because they say it is in violation of the controlled...
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Jan 31, 2013
01/13
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WRC
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the senate will decide whether to put off the debate over the debt ceiling until spring. it will vote on a bill to allow government to keep borrowing money without congress' permission until the middle of may. the house already passed the legislation. president obama said he will sign it if the senate fails -- rather, if it fails in the senate. the treasury warns the government may not be able to pay its bills in a matter of weeks. >>> 4:34. chuck hagel will tell a senate committee why he should be the next defense secretary. the senate armed services committee will hold hagel's confirmation hearing. the former republican senator and vietnam veteran will likely face tough questions, especially about his stance on israel and iran. he prepared by meeting privately with more than 50 senators and leaders of public interest groups. >>> right now, vice president biden is preparing for his first trip overseas for the obama administration's second term. he leaves today for europe. the white house says he'll visit germany, france, and the u.k. the vice president's first stop will
the senate will decide whether to put off the debate over the debt ceiling until spring. it will vote on a bill to allow government to keep borrowing money without congress' permission until the middle of may. the house already passed the legislation. president obama said he will sign it if the senate fails -- rather, if it fails in the senate. the treasury warns the government may not be able to pay its bills in a matter of weeks. >>> 4:34. chuck hagel will tell a senate committee why...
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Jan 24, 2013
01/13
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FBC
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eye 64
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congress living up to its reputation today passing a debt ceiling bill that takes the proverbial cain than the proverbial rug. the political panel weighs in next. ♪ >> from our fox business studios in new york, here again is gerri willis. gerri: i hate to say it, the debt limit, we're talking about that. the debt limit is on its way to getting punted until the spring, the house approving a four month debt ceiling extension. senate majority leader harry reid saying the senate will pass the house bill quickly. with more, a columnist for the national review and columnist for the new york post. i have my dreams team here to talk about this. i want to start with you because you're sitting right across from me. they are just taking the stand down the road. i mean, look, at the end of the day we are talking about waiting until may. >> i think we will be talking about this for most of the year because obviously there is a huge gulf between the president and the house. the house would like to not raise the debt ceiling at all. as they're preference, at least the majority of them. but they ca
congress living up to its reputation today passing a debt ceiling bill that takes the proverbial cain than the proverbial rug. the political panel weighs in next. ♪ >> from our fox business studios in new york, here again is gerri willis. gerri: i hate to say it, the debt limit, we're talking about that. the debt limit is on its way to getting punted until the spring, the house approving a four month debt ceiling extension. senate majority leader harry reid saying the senate will pass...
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Jan 25, 2013
01/13
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CSPAN2
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. -- debt ceiling." what we're talking about here is congress' power to borrow money and how we should be paying our bills based on that or some other med of -- method of raising revenue. so i think that's important to keep in mind. >> mr. hoagland, you were a member of that task force as well. >> yes. and in fairness, congressman, that task force also recommended a balanced plan that included tax increases as well as spending cuts, more on the spending side than the reduction in the rate of growth. the occasions of the debt level that were headed at 77% growing into the future i think has jeopardized, quite frankly, our standing in the world. when we have about 40, 50% of in this debt owned by invest beers outside of the ideas -- investors outside of the united states, we're raising questions about the sovereignty of this country going forward. and in terms of where's the turning point, i think that's the problem most economists would say they can't answer that question. who knows when that last drop in
. -- debt ceiling." what we're talking about here is congress' power to borrow money and how we should be paying our bills based on that or some other med of -- method of raising revenue. so i think that's important to keep in mind. >> mr. hoagland, you were a member of that task force as well. >> yes. and in fairness, congressman, that task force also recommended a balanced plan that included tax increases as well as spending cuts, more on the spending side than the reduction...
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90
Jan 31, 2013
01/13
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FBC
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without this legislation, the government would have surpassed its $16.4 trillion debt ceiling next month. just avoided that. more to come this hour including the latest on china hacking into our computers, and more than $7.5 trillion. that's how much money was pumped into this economy in five years. where did it go? did it do any good? i'll break it down, next. ♪ not their short-term agenda. [ male announcer ]oin the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ >> you know, sometimes it's the numbers that tell the story, and, tonight, there is one number, just one number that tells you everything you need to know about what's wrong with washington's play book. that number? 7.66 trillion, as in dollars, as in taxpayer dollars.
without this legislation, the government would have surpassed its $16.4 trillion debt ceiling next month. just avoided that. more to come this hour including the latest on china hacking into our computers, and more than $7.5 trillion. that's how much money was pumped into this economy in five years. where did it go? did it do any good? i'll break it down, next. ♪ not their short-term agenda. [ male announcer ]oin the nearly 7 million investors who think like you do. face time and think time...
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113
Jan 24, 2013
01/13
by
FBC
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eye 113
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it could happen when they even threatened not to raise the debt ceiling around our credit was downgraded and the markets really tumbled. you don't want to i can take the chance. no way the republicans would take that chance. melissa: maybe you don't. a nit is very risk-averse person? >> in poker a 19 is someone that folds every hand. they wait for the perfect chance to get money in. problem is nits never win tournaments. they have to actually risk something in order to see that value. melissa: who is the nit in this? >> everyone. they're all nits. everyone involved is a nit. the reason i say that. they're waiting until the very end to come up with a deal rather than propose someing long time ago, look six months ahead. we can do something good for the country if we act right now to avoid the crisis instead of have a patchwork deal at the last minute. seems like these guys are trading -- trying to make themselves look as good as they can the best interests of the country is not in their minds. melissa: i think you know is the biggest well cher is, someone who wouldn't race the debt ceilin
it could happen when they even threatened not to raise the debt ceiling around our credit was downgraded and the markets really tumbled. you don't want to i can take the chance. no way the republicans would take that chance. melissa: maybe you don't. a nit is very risk-averse person? >> in poker a 19 is someone that folds every hand. they wait for the perfect chance to get money in. problem is nits never win tournaments. they have to actually risk something in order to see that value....
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115
Jan 24, 2013
01/13
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WRC
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eye 115
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the treasury has warned the country could default on some loan as early as next month if the debt ceiling isn't lifted. the white house supports the measure. opponents say it just prolong uncertainty about the economy's health. >>> and the senate may decide today on a deal to curb the number of filibusters. aides say lawmakers are kploes to a compromise to limit the delays which minority partying use to kill legislation. democrats complain that republicans overuse filibusters to block their legislation. republicans say the tactic is the only leverage they have to get roll call votes on amendments that would otherwise be shots down by democrats. >>> 4:08 the time. 23 degrees. coming up on "news4 today," how vice president joe biden is using the web site google today to make a push for tighter gun control. >>> the legal trouble mounting for lance armstrong since he confessed to using performance enhancing drugs. >>> we're tracking winter weather this morning. we'll have snow across the region. tom kierein is back with your weather and traffic. >>> somebody forgot to shut off the water. chec
the treasury has warned the country could default on some loan as early as next month if the debt ceiling isn't lifted. the white house supports the measure. opponents say it just prolong uncertainty about the economy's health. >>> and the senate may decide today on a deal to curb the number of filibusters. aides say lawmakers are kploes to a compromise to limit the delays which minority partying use to kill legislation. democrats complain that republicans overuse filibusters to block...
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Jan 24, 2013
01/13
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FOXNEWSW
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. >>> the republican house the bill temporarily raises the debt ceiling until may. law americas won't get paid if they fail to pass a budget. >> american families have to do a budget. they understand you can't continue to spend money you don't have. we are committed to doing a budget on the house side that will balance over the neck ten years as time for the senate and president to show the american people how they are willing to balance a budget ore the next ten years. >> the democratic controlled senate is expect to do approve the debt bill. it has not pass add budget in four years. >> phil mickelson wasn't talking about his guolf game. he was teeing off over another apology about his tax comments. >> i have made some dumb, dumb mistakes and obviously talking about this stuff is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum that i have as a professional golfer to try to ignite change. >> mickelson hinted earlier this week he may leave california or the united states because of how much he's paying in taxes. calif
. >>> the republican house the bill temporarily raises the debt ceiling until may. law americas won't get paid if they fail to pass a budget. >> american families have to do a budget. they understand you can't continue to spend money you don't have. we are committed to doing a budget on the house side that will balance over the neck ten years as time for the senate and president to show the american people how they are willing to balance a budget ore the next ten years. >>...
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Jan 24, 2013
01/13
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KPIX
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the battle over the debt ceiling has been put off to another day because on this day the republican-controlled house voted 285-114 to allow the government to keep borrowing the money it needs to pay its bills through mid-may. the senate and the white house are expected to go along avoiding the threat of default that would rattle financial markets. in a survey of investors by bloomberg, 36% said america's fiscal woes are the biggest threat to the world economy, more than the 29% who named the european debt crisis. anthony mason is attending a meeting of world bankers in davos, switzerland. >> reporter: how strong do you think the u.s. economy actually is right now? >> i think the u.s. economy wants to be strong. >> reporter: but mary callahan erdoes says the bickering in washington is holding it back. erdos is one of the most powerful women on wall street. as c.e.o. of j.p. morgan asset management, she presides over $1.2 trillion in investments. >> the u.s. has to realize it's got so much going for it. let's just get ourselves to come together as a team, one team running that country, helping t
the battle over the debt ceiling has been put off to another day because on this day the republican-controlled house voted 285-114 to allow the government to keep borrowing the money it needs to pay its bills through mid-may. the senate and the white house are expected to go along avoiding the threat of default that would rattle financial markets. in a survey of investors by bloomberg, 36% said america's fiscal woes are the biggest threat to the world economy, more than the 29% who named the...
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Jan 24, 2013
01/13
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CNBC
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ceiling for three months to allow time for the united states senate to write a budget so we can then begin the discussions on how we're going to repay this money that we're going to borrow as well as begin to manage down the debt long term. >> what's the realistic vision in terms of a budget? i mean, this senate will have its budget plan, the house will have its bucket? should the people believe at some point soon we should get a budget for the country. >> i hope that we can. in the house we're committed to producing a budget that will balance in ten years, and this will be a significant shift from the kind of budget that we have produced before. we're dealing with a new baseline after the cliff deal, and i think there's a growing urgency amongst the people in the country to say, you know what? it's time for washington to start living within its means and high time for the federal government to get control of the unfund liabilities in the entitlement programs the way so many private sector industries have done. >> let me say on this ten-year idea for a moment. you've got your skeptic
ceiling for three months to allow time for the united states senate to write a budget so we can then begin the discussions on how we're going to repay this money that we're going to borrow as well as begin to manage down the debt long term. >> what's the realistic vision in terms of a budget? i mean, this senate will have its budget plan, the house will have its bucket? should the people believe at some point soon we should get a budget for the country. >> i hope that we can. in the...
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Jan 24, 2013
01/13
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a looming shutdown of the government over the debt ceiling is off the table for now. the international monetary fund expects good economic growth worldwide. u.s. agriculture is doing very well. plus, yet another critical mega trend. >> the housing sector has been doing well with people moving out and establishing their own households. >> reporter: more and more investors are moving out of lower-paying but more secure investments. >> you had a mad race out of equities in 2007, 2008, 2009, and now here at the end of 2012, 2013, you're seeing a great rotation back into equities, because there's a better rate of return. >> reporter: but more convincing lays ahead. >> i still say that the economy is still pretty dismal. >> reporter: also, in after- hours trading, netflix was up over 30%, after a suspected loss actually turned out to be a profit. reporting live, ktvu channel 2 news. >>> on wall street today, strong earnings from google. >>> the house of representatives today passed a measure that temporarily averts a crisis over the nation's debt limit. on a bipartisan vote
a looming shutdown of the government over the debt ceiling is off the table for now. the international monetary fund expects good economic growth worldwide. u.s. agriculture is doing very well. plus, yet another critical mega trend. >> the housing sector has been doing well with people moving out and establishing their own households. >> reporter: more and more investors are moving out of lower-paying but more secure investments. >> you had a mad race out of equities in 2007,...
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Feb 1, 2013
02/13
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we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier this morning. it's -- >> right there. >> right there, right now. okay. so this hasn't happened since '07. >> early october, the all-time high, 14,164. standard & poor's, 1465. we're within striking distance of both. and that's a good sign. the stock market is performing well. the bond market is performing as expected, if the economy is recovering and so are other markets. and the indicators i look atom as, actually quite positive. none showing signs of strain, the future economic prospects better than the past. so for now markets are tell us things are all right. that may change sometime in the future but looks good at this at the moment. >> and ron made fun of my ravens -- >> absolutely. >> see this? ravens-theme note paper. >> running wild over these guys.
we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier this morning. it's -- >> right there. >> right there, right now. okay. so this hasn't happened since '07. >> early october, the all-time high, 14,164. standard &...
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Jan 24, 2013
01/13
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CSPAN2
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the president says he wants the debt ceiling increase. hopefully the majority has decided to pass a budget. the new budget chairman, senator murray, said yesterday that her committee will draft a budget. now let's let the senate produce a budget. let's have a budget drawn up. let's have a budget debated. let's figure out what our plans are. budgets lay out plans and we'll see if a budget that a majority in the senate would vote for will pass the straight-face test with the american people. we'll see if this is just another budget that says, okay, here's the amount of money we'd like to spend. it has no relationship to the amount of money we have. let's let that be our budget. the people -- people will no longer tolerate, i'm convinced, the amount of debt and taxes that the spending plan would require. but for them to really think about that, they have to have a spending plan, and i am grateful that the house passed legislation that says we have to have that -- that plan. when the majority in the senate, democrats in the senate have a budg
the president says he wants the debt ceiling increase. hopefully the majority has decided to pass a budget. the new budget chairman, senator murray, said yesterday that her committee will draft a budget. now let's let the senate produce a budget. let's have a budget drawn up. let's have a budget debated. let's figure out what our plans are. budgets lay out plans and we'll see if a budget that a majority in the senate would vote for will pass the straight-face test with the american people....
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Feb 1, 2013
02/13
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ceiling bill. will the intraparty scism end in heartburn or heart break? for over 75 years people have saved money with...ohhh... ...with geico... ohhh...sorry! director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over 75...(uncontrollable lahtuger). what are you doing there? stop making me laugh. vo: geico. saving people money for over seventy-five years. gecko: don't look at me. don't look at me. >>> the republican party is engaged in a fierce game of tug-of-war with itself. last week after speaker john boehner pleaded with his party to vote for a bill to extend the debt limit for three months, 33 members broke rank. the measure would have failed without democratic support. yesterday the senate took up that same bill and even though
ceiling bill. will the intraparty scism end in heartburn or heart break? for over 75 years people have saved money with...ohhh... ...with geico... ohhh...sorry! director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over...
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Jan 24, 2013
01/13
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WTTG
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. >> tony, also on capitol hill, the house passed a debt ceiling bill by a vote of 285 to 144 to let the government keep borrowing money. the bill withholds the pay of any law maker in the senate or the house if they don't vote by april 15th. the vote clears the way until the next budget battle in march. >>> it is still unclear whether a student at the university of virginia will be charged for a hoax. the campus was put on lock down around 9:00 last night when a student called to report a man with a gun. police saefrped the campus building by building. the student who made the call confessed he made the story up while being interviewed by officers. the lock down was lifted about two hours later. >> now to a fox 5 follow up on a deadly house fire in falls church virginia we told you about yesterday morning. the home on manner road went up in flames at 3:30 wednesday morning. fire investigators and gas employees were on the scene most of the day. they still don't know what sparked the fire. neighbors say the two people killed were a mother and daughter. and they say they were both hea
. >> tony, also on capitol hill, the house passed a debt ceiling bill by a vote of 285 to 144 to let the government keep borrowing money. the bill withholds the pay of any law maker in the senate or the house if they don't vote by april 15th. the vote clears the way until the next budget battle in march. >>> it is still unclear whether a student at the university of virginia will be charged for a hoax. the campus was put on lock down around 9:00 last night when a student called...
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Jan 25, 2013
01/13
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FBC
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melissa: talk to me about the debt ceiling debate. i feel like he haven't even really a part of that. >> he get as d there and i'll tell you why. the treasury's responsibility really is to have a contingency plan. this is a guy who steered the economy through all of these financial crisis. you know, you ought to have some kind of plan in place for dealing with the moment when we might hit the debt crisis. an inspector general looked at this last year and discovered that the treasury never put in place a contingency plan for, you know, what would happen if congress never got around to raising the debt ceiling. melissa: yeah. >> for lack of planning, they get a low-grade on that one. melissa: you give them a d. >> yeah. melissa: what do you think he will do next? if it were me after six-month vacation in the bahamas then i would start thinking what i want to do. >> i think he might need more than six months in the bahamas. melissa: it has been a tough run. >> it is interesting. he did an interview with "politico" today and ruled out tak
melissa: talk to me about the debt ceiling debate. i feel like he haven't even really a part of that. >> he get as d there and i'll tell you why. the treasury's responsibility really is to have a contingency plan. this is a guy who steered the economy through all of these financial crisis. you know, you ought to have some kind of plan in place for dealing with the moment when we might hit the debt crisis. an inspector general looked at this last year and discovered that the treasury never...
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Jan 24, 2013
01/13
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WRC
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the treasury has warned the country could default on some loans as early as next month if the debt ceiling isn't lifted. >>> 6:48 now. a local company reporting major losses. they say the reason is defense cuts. cnbc has more live. kayla, good morning. >>> good morning, aaron. general dynamics, one of the nation's biggest federal contractors, reported a huge quarterly loss on wednesday, blaming it largely on defense cuts. the company which is based in falls church, virginia, posted a $2 billion fourth quarter loss on lower than expected sales as shrinking government orders and writedowns hammered the maker of weapon and aircraft. stock dropped as much as 5% in trading before recovering to close up about 1%. analyst attribute that to reassuring comments from the company ceo. >>> the washington's dependence on government and defense contracts makes it vulnerable to the spending cuts put in place by president obama and congress between 2000 and 2010. government procurement spending grew by double digits. last year it fell by more than 5%. back to you. >> thank you. >>> redskins players are be
the treasury has warned the country could default on some loans as early as next month if the debt ceiling isn't lifted. >>> 6:48 now. a local company reporting major losses. they say the reason is defense cuts. cnbc has more live. kayla, good morning. >>> good morning, aaron. general dynamics, one of the nation's biggest federal contractors, reported a huge quarterly loss on wednesday, blaming it largely on defense cuts. the company which is based in falls church, virginia,...
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Jan 31, 2013
01/13
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the house passed a bill that extends the debt ceiling through may 18th. the legislation also requires both the house and the san jose to approve budgets by april 15th or face the loss of their paychecks. >>> the government of zimbabwe says it has own $217 left in the national treasury. this is after paying public workers last week. the government says it will ask the international community for financial assistance. opposition parties accuse the government of misusing hundreds of millions of dollars in revenue from the country's diamond sales. >>> new this morning, syria and iran are threatening to retaliate against israel for a rare israeli air strike inside syria. u.s. officials say israel is targeting a weapons convoy when it launched the air strike. the convey was believed to be the anti-weapons headed to hezbollah militants. the concern, that would allow the militant to shoot down israeli airplanes. syria said the israeli air strikes hit a military research facility. >>> "the new york times" now revealing for the last four months its computer system
the house passed a bill that extends the debt ceiling through may 18th. the legislation also requires both the house and the san jose to approve budgets by april 15th or face the loss of their paychecks. >>> the government of zimbabwe says it has own $217 left in the national treasury. this is after paying public workers last week. the government says it will ask the international community for financial assistance. opposition parties accuse the government of misusing hundreds of...
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Jan 31, 2013
01/13
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FOXNEWSW
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they cut a deal to stop release three months the debt ceiling being the problem. right now you have the fed printing money at a dizzying rate. here's what you should keep in mind. the stock market is out of its mind, going through the roof. and the president of the united states's approval rating is through the roof. it's at 60%. >>gretchen: so how do you put this all together? i think a lot of people still scratching their heads over the election when you look at these economic numbers. so how do you -- how do you piece it together in your mind that the economy can be doing so poorly and yet the president is more popular than ever. fun know the answer, e-mail us or tweet us. >>steve: there's so many low-information viewers and votes out there. >>brian: that's their choice. >>steve: absolutely. when the payroll tax hit at the first of this year, they are going to go where did that money go? it was a shock to them. senator john thune yesterday tweeted after jay carney blamed the house democrats. -- house republicans. he says white house secretary blames g.o.p. for
they cut a deal to stop release three months the debt ceiling being the problem. right now you have the fed printing money at a dizzying rate. here's what you should keep in mind. the stock market is out of its mind, going through the roof. and the president of the united states's approval rating is through the roof. it's at 60%. >>gretchen: so how do you put this all together? i think a lot of people still scratching their heads over the election when you look at these economic numbers....
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Feb 1, 2013
02/13
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. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of that money, part for research and development and part of it for an institutional bank, you could do what banks are not doing, and that's invest in these downtrodden areas of our country. >> gillian, we've been talking about it for years, trillions of dollars sitting on the sidelines not coming back to america. how do we get it back here? >> almost $2 trillion. you've got average household earnings down over the past four years, poverty is up. we need this money working in our economy. how do we get it here? >> absolutely. i think the reverend's idea is very interesting because right now many of the com
. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of...
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Jan 25, 2013
01/13
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so let's talk about the debt ceiling. >> no, because that's why i'm here. >> how do you adjust, professionally, how do you adjust to doing broadway movies and tv. are there differences in the type of acting that you try to do? >> you know, for me, it's always about the material. that's what attracts me. if it's on the written page and makes sense and i can relate to it, i want to do it. and, you know, and i think acting is acting. it's always about being truthful. so on the stage, it requires a different kind of energy and you're playing to a big house. in film, the camera can be right there. so it also gives you the option to really be more internal. but it's -- i really believe it all comes from the same place, which is, do you believe what i'm saying? >> i'm going to ask you another question, because, "argo," critically a success. award winning, obviously, for the golden globes. snubbed a bit by the academy. is there anything you want to get off your chest? >> you know, here's the deal, it was disappointing and kind of surprising, but really, the movie is so appreciated and so loved and ben
so let's talk about the debt ceiling. >> no, because that's why i'm here. >> how do you adjust, professionally, how do you adjust to doing broadway movies and tv. are there differences in the type of acting that you try to do? >> you know, for me, it's always about the material. that's what attracts me. if it's on the written page and makes sense and i can relate to it, i want to do it. and, you know, and i think acting is acting. it's always about being truthful. so on the...